Life & Income
Term life cover is simple, and that is the point
Most people need a fixed amount for a fixed period. Almost everything more complicated is solving a different problem.
Life & Income
Term cover, income protection and who actually needs which.
21 articles · updated August 11, 2026 · page 1 of 2
Life & Income
Income protection is the cover most people skip and most need
Insuring possessions is instinctive; insuring the income that buys them is not. The arithmetic points the other way.
More in Life & Income
Life & Income
Critical illness pays on definitions, not on diagnoses
Two people with the same illness can get opposite answers from the same policy, because the contract measures severity rather than…
Life & Income
Guaranteed premiums cost more now and less later
The choice between guaranteed and reviewable pricing on protection cover is a bet about your own future, and one side of it is far…
Life & Income
A medical exam can lower your life premium
Protection underwriting rewards evidence. Providing more information often produces better terms than withholding it, which is the…
Life & Income
Smoker status is a question with a long memory
Protection premiums for smokers can be a large multiple of non-smoker rates, and insurers define the term more widely and test more…
Life & Income
Level cover shrinks every year that prices rise
A sum assured fixed thirty years ago buys what a much smaller sum buys today. Indexation is the option that stops that happening…
Life & Income
Family income benefit pays a wage, not a windfall
A protection policy that pays monthly instead of as a lump sum is cheaper, easier to plan around and largely ignored by the market.
Life & Income
Waiver of premium keeps the policy alive when you cannot pay
The rider that pays your protection premiums during long-term illness costs very little and prevents the specific failure…
Life & Income
Why a life insurance payout can take months
The delay after a death claim is usually administrative rather than adversarial, and most of it can be prevented by decisions made…
Life & Income
Death-in-service cover ends the day the job does
Employer life cover is valuable, substantial and entirely conditional on employment continuing, which is not how most people treat…
Life & Income
Guaranteed acceptance plans: what you give up for no questions
Over-50s plans that ask no health questions solve a real problem for some people and are poor value for many others, and the…